Their Moon Shot and Ours By THOMAS L. FRIEDMAN China is doing moon shots. Yes, that’s plural. When I say “moon shots” I mean big, multibillion-dollar, 25-year-horizon, game-changing investments. China has at least four going now: one is building a network of ultramodern airports; another is building a web of high-speed trains connecting major cities;… » read more

The European Commission issued yesterday a Communication to the European Parliament, the Council and the European Economic and Social Committee on a European strategy on clean and energy efficient vehicles. While Going-Electric praises the Commission for being less technologically neutral and recognizing electric technologies as clean options, we deeply regret that it does not focus… » read more

“So far in 2009, battery companies have received over $600 million in venture capital funding, compared with $478 million garnered for 2008, according to research analyst Lux Research. The investment isn’t without reason. In a report released Tuesday, Lux predicted that the energy storage market will grow to become a $60 billion industry by 2013.”… » read more

“Modec, the British manufacturer of world leading electric commercial vehicles, and Navistar International Corporation the U.S.-based nearly $15bn truck manufacturer, are finalising a ground breaking Joint Venture.” More… Source: HGV Uk.com

“Elkhart, Indiana – Further accelerating the manufacturing and deployment of electric vehicles, batteries, and components here in America, and creating tens of thousands of new jobs, President Obama today announced 48 new advanced battery and electric drive projects that will receive $2.4 billion in funding under the American Recovery and Reinvestment Act. These projects, selected… » read more

“Nissan Motor Co. Chief Executive Officer Carlos Ghosn said electric cars will make up at least 10 percent of global vehicle demand by 2020, depending on conditions. “Ten percent by 2020 is very reasonable,” Ghosn said, referring to research by Massachusetts Institute of Technology. Demand estimates are based on Nissan’s assessment of rising energy prices… » read more

“Japanese carmaker Nissan has unveiled its first electric car, taking it closer to its aim to become the first car firm to mass produce the vehicles. The zero-emission hatchback vehicle, called Leaf, is set to go on sale in Japan, the US and Europe next year.” More… Souce: BBC News Press release

“China, the world’s bicycle kingdom — one for every three inhabitants — is going electric. Workers weary of crammed public transport or pedaling long distances to jobs are upgrading to battery-powered bikes and scooters. Even some who can afford cars are ditching them for electric two-wheelers to avoid traffic jams and expensive gasoline.” More… Source:… » read more